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Blockchain DLT Use Cases
Release Date: 11/27/2018
Working Group: Blockchain/Distributed Ledger
Innovative technologies of blockchain and other systems of distributed ledger technology (DLT) have proven their ability to increase security of data during transactions and provide immutable long-term data storage. While blockchain technology is primarily associated with Bitcoin cryptocurrency, many other business models are currently taking advantage of blockchain technology. This paper covers nine use cases beyond cryptocurrency for blockchain.
Blockchain Use Case:
- Shipping
- Airline ticket sales
- Automated reinsurance
- Nostro Bank Accounts Reconciliations
- Drug supply chain security
- Food safety
- Education
- Supply chain
- Real estate.
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